AGP Executive Report
Last update: 9 hours agoCritical Minerals: The EU named 46 strategic projects worth €21bn to strengthen supplies and reduce reliance on China, including two KGHM copper investments designated strategic. Mine Restarts: Magna approved restarting Ontario’s Levack copper-nickel mine, targeting commercial production in 2028 after an estimated C$70.1m in initial capital. Jobs and Regulation: Namibia’s mining minister warned companies against using contractors to keep workers in a cycle of short-term jobs. Ghana plans to revise its mining bill, restoring a maximum 20-year lease term while retaining special state shares. Production: Aura Minerals reported record third-quarter output of 95,557 gold-equivalent ounces, up 29% year on year. Lundin Gold also reported its strongest-ever quarterly production at Fruta del Norte. Permits and Protests: Finland is funding Sokli despite unresolved environmental and water permits, while opponents of a planned lithium mine in northern Portugal blockaded work on common land.
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